master lettings ltd.
master lettings ltd. Company Information
Company Number
10666006
Website
-Registered Address
the pines park road, barry, CF62 6NU
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
emma nurse 40%
elliot murray 30%
View Allmaster lettings ltd. Estimated Valuation
Pomanda estimates the enterprise value of MASTER LETTINGS LTD. at £510.3k based on a Turnover of £241.1k and 2.12x industry multiple (adjusted for size and gross margin).
master lettings ltd. Estimated Valuation
Pomanda estimates the enterprise value of MASTER LETTINGS LTD. at £7.7k based on an EBITDA of £1.6k and a 4.79x industry multiple (adjusted for size and gross margin).
master lettings ltd. Estimated Valuation
Pomanda estimates the enterprise value of MASTER LETTINGS LTD. at £784.5k based on Net Assets of £495.3k and 1.58x industry multiple (adjusted for liquidity).
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Master Lettings Ltd. Overview
Master Lettings Ltd. is a live company located in barry, CF62 6NU with a Companies House number of 10666006. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2017, it's largest shareholder is emma nurse with a 40% stake. Master Lettings Ltd. is a young, micro sized company, Pomanda has estimated its turnover at £241.1k with declining growth in recent years.
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Master Lettings Ltd. Health Check
Pomanda's financial health check has awarded Master Lettings Ltd. a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
9 Weak
Size
annual sales of £241.1k, make it smaller than the average company (£801.6k)
- Master Lettings Ltd.
£801.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (1.9%)
- Master Lettings Ltd.
1.9% - Industry AVG
Production
with a gross margin of 32.9%, this company has a higher cost of product (74.2%)
- Master Lettings Ltd.
74.2% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (36.8%)
- Master Lettings Ltd.
36.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Master Lettings Ltd.
4 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
- Master Lettings Ltd.
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £120.5k, this is less efficient (£174k)
- Master Lettings Ltd.
£174k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (30 days)
- Master Lettings Ltd.
30 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (37 days)
- Master Lettings Ltd.
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Master Lettings Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Master Lettings Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.5%, this is a higher level of debt than the average (62.6%)
90.5% - Master Lettings Ltd.
62.6% - Industry AVG
MASTER LETTINGS LTD. financials
Master Lettings Ltd.'s latest turnover from March 2023 is estimated at £241.1 thousand and the company has net assets of £495.3 thousand. According to their latest financial statements, Master Lettings Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,110,333 | 3,601,895 | 2,913,428 | 1,933,666 | 920,713 | 345,292 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,110,333 | 3,601,895 | 2,913,428 | 1,933,666 | 920,713 | 345,292 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 77,045 | 191,037 | 64,347 | 145,017 | 30,328 | 36,465 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 77,045 | 191,037 | 64,347 | 145,017 | 30,328 | 36,465 |
| total assets | 5,187,378 | 3,792,932 | 2,977,775 | 2,078,683 | 951,041 | 381,757 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,400 | 9,400 | 40,142 | 39,260 | 4,107 | 4,107 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,400 | 9,400 | 40,142 | 39,260 | 4,107 | 4,107 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 4,481,164 | 3,088,027 | 2,436,633 | 1,832,879 | 965,140 | 385,568 |
| provisions | 201,518 | 201,518 | 147,422 | 54,165 | 0 | 0 |
| total long term liabilities | 4,682,682 | 3,289,545 | 2,584,055 | 1,887,044 | 965,140 | 385,568 |
| total liabilities | 4,692,082 | 3,298,945 | 2,624,197 | 1,926,304 | 969,247 | 389,675 |
| net assets | 495,296 | 493,987 | 353,578 | 152,379 | -18,206 | -7,918 |
| total shareholders funds | 495,296 | 493,987 | 353,578 | 152,379 | -18,206 | -7,918 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -113,992 | 126,690 | -80,670 | 114,689 | -6,137 | 36,465 |
| Creditors | 0 | -30,742 | 882 | 35,153 | 0 | 4,107 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 54,096 | 93,257 | 54,165 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,393,137 | 651,394 | 603,754 | 867,739 | 579,572 | 385,568 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
master lettings ltd. Credit Report and Business Information
Master Lettings Ltd. Competitor Analysis
Perform a competitor analysis for master lettings ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
master lettings ltd. Ownership
MASTER LETTINGS LTD. group structure
Master Lettings Ltd. has no subsidiary companies.
Ultimate parent company
MASTER LETTINGS LTD.
10666006
master lettings ltd. directors
Master Lettings Ltd. currently has 3 directors. The longest serving directors include Mrs Emma Nurse (Mar 2017) and Mr Asa Murray (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Emma Nurse | Wales | 48 years | Mar 2017 | - | Director |
| Mr Asa Murray | Wales | 32 years | Oct 2022 | - | Director |
| Mr Elliot Murray | Wales | 31 years | Oct 2022 | - | Director |
P&L
March 2023turnover
241.1k
-51%
operating profit
1.6k
0%
gross margin
32.9%
+1.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
495.3k
0%
total assets
5.2m
+0.37%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
master lettings ltd. company details
company number
10666006
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
the pines park road, barry, CF62 6NU
last accounts submitted
March 2023
master lettings ltd. Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 23 charges/mortgages relating to master lettings ltd.. Currently there are 22 open charges and 1 have been satisfied in the past.
master lettings ltd. Companies House Filings - See Documents
| date | description | view/download |
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